Lakeville North Panther Booster

Analysis

Lakeville North Panther Booster is a registered charity in United States, based in Lakeville, MN. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Lakeville North Panther Booster reported income of $653k and spending of $532k, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $448k to $653k (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2022, when income rose by 72%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lakeville North Panther Booster sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include Enactus Puerto Rico Inc ($653k), Minnesota Youth Collective Education Fund ($653k) and Careprovider Org Foundation ($653k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $7,500 (1.4% of expenses). At year end it held assets of $820k against liabilities of $0, net assets of $820k.